Latest finance news – Page 430
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NewsIPOs could be derailed by unrealistic valuations
Punchy prices being demanded by some retail IPO candidates could put off investors and derail floats, observers fear.
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NewsMulberry issues profit warning after tough Christmas trading
Mulberry has issued a profit warning because of a weak UK market over the Christmas period and cancelled wholesale orders in Korea.
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NewsAo.com eyes £1.2bn IPO valuation as investor appetite grows
Electricals etailer Ao.com is looking at valuation of between £1bn and £1.2bn in its IPO, four times more than the £300m estimate made when it appointed its advisers in September.
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NewsBreakfast briefing: Retail news on AO.com, Ikea and retail sales in Ireland
Retail news round-up on January 29, 2014: AO.com eyes £1bn valuation for stock market float, Retail sales in Ireland edge up 0.6% in December, Ikea records 3.1% rise in total sales in 2013.
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NewsCarpetright to employ raft of initiatives to lift ailing Dutch arm
Carpetright is implementing a raft of initiatives in its Netherlands business to try and offset the economic turmoil in the country.
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NewsPawnbroker Albemarle & Bond shares plunge after crucial sale process abandoned
Pawnbroker Albemarle & Bond’s share price crashed yesterday when it called off a sale process which was seen as crucial to its survival.
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NewsCarpetright warns on profits as Netherlands business suffers
Floorings specialist Carpetright has flagged that full-year profits are expected to come in below expectations after its Dutch business continued to perform poorly.
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NewsBreakfast briefing: Retail news on Carpetright, Amazon and Morrisons
Retail news round-up on January 28, 2014: Carpetright profits to come in at lower end of expectations, Morrisons operations director quits weeks after joining and Amazon takes over £1 in every £4 spent on entertainment.
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NewsMcColl's confirms intention to float
McColl’s has this morning confirmed plans of its intention to float on the London Stock Exchange.
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NewsBreakfast briefing: Retail news on Mothercare, Lenta, M&S, Shop Direct and River Island
Retail news round-up on January 27, 2014: Mothercare to sell Early Learning Centre, Russian chain Lenta mulls London stock market float, M&S bolsters team with two hires from Inditex, Shop Direct to make £50m profit and River Island uses Maxymiser
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NewsAsda Income Tracker: Family spending power rises
The average UK household had £158 a week of discretionary income in December 2013, up £2 a week year-on-year, Asda data has shown.
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NewsBathstore owner hires adviser to examine sale of the business
UK specialist bathrooms retailer Bathstore is poised to change hands as investment fund owner Endless grooms the retailer for a sale.
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NewsBreakfast briefing: Retail news on Bathstore, JD Sports, Poundland and House of Fraser
Retail news round-up on January 24, 2014: Bathstore owner explores sale of business, JD Sports to open menswear fascia, City welcomes IPOs and House of Fraser ends Galeries Lafayette talks.
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NewsCity opens door to retail IPOs as Poundland and Pets at Home head the queue
The City has given the green light to retail IPOs after poring over the industry’s Christmas performance.
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NewsHouse of Fraser to push button on float as talks with Galeries Lafayette end
House of Fraser looks likely to push the button on an IPO process this year after discussions with French peer Galeries Lafayette came to an end.
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NewsSports Direct and Debenhams set for crunch meeting today
Debenhams boss Michael Sharp and Sports Direct chief executive Dave Forsey are set to meet today to explore how the two retailers can work together.
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NewsHotel Chocolat revives stake sale process
Confectionery retailer Hotel Chocolat is reviving its bid to sell a significant minority share in the £100m business this year.
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NewsBreakfast briefing: Retail news on Hotel Chocolat, Sports Direct, Debenhams, United Carpets and eBay
Retail news round-up on January 23, 2014: Hotel Chocolat revives stake sales; Sports Direct and Debenhams set for crunch meeting today, United Carpets and Floors2Go change pricing practices after OFT probe; eBay activist investor calls for PayPal spin-off
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NewsFindel to deliver 'strong profit growth' as sales edge up
Home shopping group Findel said it is on track to deliver “strong profit growth” as sales rose 3.8% in the 16 weeks to January 17.
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NewsBC Partners eyes £1bn float for Phones4U
Phones4U’s private equity owner BC Partners is considering floating the mobile phone retailer this year.